324 E Main St

For Sale

324 E Main St, Newark, DE 19711

This Newark property for sale is located at 324 E Main St. The general use of 324 E Main St is office and it incorporates 12,000 square feet of class B office space. The current listed sale price for 324 E Main St is $2,400,000. 324 E Main St is situated on a lot that is 0.77 acre in size.

Contacts

broker

Rich Dudek, SIOR

Emory Hill Real Estate Services

Property Details

  • Property Type Office - General Office
  • Property Size 12,000 SF
  • Units 2
  • Lot Size 0.77 Acre
  • Additional Rent Contact for pricing
  • Building Class B
  • Year Built 1983
  • Year Renovated 2021
  • Date Updated Sep 30, 2024
Easy access into and out of Newark, Delaware but still walking distance to downtown and in the heart of the University of Delaware campus.The property can be multi-tenanted ideally setup for an owner/user or investor. Price Reduced! $2,500,000

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Highlights

  • Rarely Available stand-alone medical office building
  • Zoning: BB- Central Business District – Mixed use district able to accommodate commercial, residential and institutional uses
  • .77 acre lot
  • Parking for 49 vehicles off-street, plus metered street parking.
  • Direct ingress/egress off Main St.
  • 2 story Masonry/Steel building
  • The property can be multi-tenanted ideally setup for an owner/user or investor.
  • Currently +/- 4,500 SF available on 2nd floor.
  • 2nd floor is elevator-served with multiple entrances and complete ADA access
  • Currently at 65% occupancy:
  • 1st floor currently rented to anchor tenant, Newark Emergency Center which occupies 6,000 SF with long-term lease in place.
  • 2nd floor currently occupied by a podiatrist, but in the past held several practices

Getting around

  • 84/100

    Walk Score ®

  • 91/100

    Bike Score ®

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Location

  • City Newark, DE
  • Zip Code 19711
  • Market Philadelphia

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Rich Dudek, SIOR

Emory Hill Real Estate Services